The recent report launched by Market Research Future (MRFR) revealed a possibility for the market reaching an unprecedented valuation with a hike with 5.20% CAGR during the forecast period of 2019 and 2025. The report would also bank on various moves employed by market players and capitalize on their trends to derive points that can be used for the better strategy-making process.
Dental equipment can be classed as devices used by professionals to diagnose and treat patients with dental ailments. These tools are needed to successfully contribute to various situations like to procure, examine, manipulate, and remove teeth. This can also be used to treat surrounding oral structures. In recent years, People getting affected by dental conditions are growing in numbers and this is also triggering better growth prospects for the global dental equipment market.
In October 2019, recent trade analyses are showing a high possibility for DENTSPLY SIRONA Inc. to achieve high growth. This is indicative of their successful implementation strategies, which can further trigger holistic market growth.
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Segmentation
The global market report for dental equipment contributes significantly to the market understanding by having the global market segmented into product, treatment, and end users. MRFR’s take of the global market is all set to inspire significant changes in the coming years.
- By product, the global market report for the dental equipment includes hygiene maintenance devices, dental lasers, dental radiology equipment, laboratory machines, systems & parts, and others. The dental radiology equipment segment includes intra-oral and extra-oral. The dental lasers segment incorporates diode lasers and carbon dioxide lasers. The systems & parts segment includes cast machines, CAD/CAM, and others. The laboratory machines segment incorporates various methods like ceramic furnaces and others. The systems & parts market has a significant amount of market share as its market percolation is quite expansive. The increasing demand for CAD/CAM systems is expected to make sure the dental procedures and diagnostic systems improve. There are several technical connections that can be explored well to substantiate the growth of the global market.
- By treatment, the market for dental equipment can find a solid foundation on the basis of periodontics, endodontics, orthodontics, and prosthodontics. The prosthodontic segment would be the fastest-growing one in the coming years.
- By end user, the market report for dental equipment includes various dental laboratories, hospitals & clinics, and others. The hospitals segment is set to control the maximum market share. The dental laboratory segment has high chance of acquiring the fastest growth rate in the coming years.
Competitive Landscape:
There are several companies that are presenting a substantial market scope for growth. These players are Henry Schein, Inc., Sirona Dental Systems, Biolase Inc, Dentsply International, Inc., KaVo Dental, Patterson Companies Inc., Midmark Corporation, A-dec Inc., GC Corporation, 3M, Bien-Air Medical Technologies, Danaher Corporation, and Carestream Health Inc.,
Regional Analysis
North America is showing several signs of prominent growth in the coming years. It is also dominating the present global market with the largest market share. This can be attributed to the technical supremacy of the regional healthcare sector and better investment capacity. In South America, the market is a bit sluggish.
Europe is witnessing significant market growth with various countries like Hungary emerging as a tourist hub in dental healthcare. Other countries like France, Germany, the UK are countries with features that can provide better tailwind to the regional dental equipment market.
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The Asia Pacific market is showing significant possibilities to score the highest growth rate in the coming years. The regional growth would benefit from the presence of India, China, Australia, Thailand, Japan, and others. These countries are known for their immense market contribution. For them, their huge population is expected to work int heir favor. Innovative technologies, surging medical tourism, lenient regulations, and others would also establish better market progress scope.
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